Trent Ltd. fell 1.54 per cent to Rs 3009.0 in Monday's trade as of 01:59PM (IST) even as the benchmark Nifty ruled at 21731.4, down 47.3 points.
The scrip had closed at Rs 3056.15 in the previous session.
The stock quoted a 52-week low of Rs 1155.1 and a high of Rs 3089.6. The company quoted a market-cap of Rs 109831.41 crore on the BSE.
On BSE, 11,611 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 174.51 times its trailing 12-month EPS of Rs 17.7 per share and 18.83 times its book value. The return on equity (ROE) stood at Rs 17.13.
Key Financials For the quarter ended 30-Sep-2023, Trent Ltd.
reported consolidated sales of Rs 3062.47 crore, up 51.41 per cent from the same quarter a year ago. The company reported 152.34 per cent YoY growth in net profit at Rs 234.73 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.